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Calculate the six years of depreciation

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Question 1: The New Hospital has raised money for a new oncology wing. The hospital has also acquired medical diagnostic equipment that cost $500,000. In addition, the hospital paid $15,000 to ship the equipment from the manufacturer and $40,000 to install the equipment. The equipment is expected to have a 6-year useful life and a $30,000 salvage value. Calculate the 6 years of depreciation, using SL, DDB, and SYD.

Reference no: EM132521818

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